Frankfort, IL, shows a cost of living slightly above the nationwide average. The overall cost of living index for Frankfort stands at 101, reflecting a modest 1% increase compared to the national average of 100. Housing in Frankfort costs 5% more, while utilities are 10% higher than the national average. Transportation expenses are also slightly elevated, at 2% above the average. On the other hand, groceries and healthcare costs are slightly below the national average, at 5% and 2% lower, respectively. Miscellaneous costs align with the national average.
The cost of living in Frankfort, IL, presents a balanced view when compared to the nationwide average, set at 100. Housing costs stand at 105, slightly higher than the national average. This means residents can expect to spend 5% more on housing compared to the average American. Grocery costs, however, are relatively lower, coming in at 95. This translates to a 5% savings on groceries compared to the national average.
Utilities in Frankfort are notably higher, with an index of 110. This indicates that expenses for utilities such as electricity, gas, and water are 10% above the national average. Transportation costs also edge slightly higher, with an index of 102, meaning a 2% increase compared to the national average. Healthcare costs are nearly at par, with an index of 98, which is a minor 2% decrease from the national average. Miscellaneous costs align with the national average at 100, suggesting no significant variation in this category. Overall, job seekers considering Frankfort should weigh these factors to understand their potential living expenses better.
